WORKSHEET
Wealth Pools & Partners
Track of your pools of wealth, your desired priorities for your wealth and track the partners you employ to manage your wealth. Duplicate this worksheet for your own purposes.
- List Your Pools of Wealth
Reference your personalized Investment Portfolio Information Worksheet as you list your various pools of wealth.
Pools of wealth include but are not limited to: Total net worth, real estate holdings, retirement savings (401k or 403b etc), impact investments, alternative/private investments (private equity/venture capital), trusts for children, public markets investment portfolio.
- List the Stakeholders
Most pools of wealth have some key players who influence or have authority over those assets. For each pool of wealth listed above, add the associated key stakeholders in the box below.
Pools of Wealth with Stakeholders:
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- List the Partners Who Help Manage Your Wealth and Your Lifestyle
Reference your personalized Possible Partners Worksheet to list below the partners you employ by their type: Wealth Management Partners and Lifestyle Partners.
Wealth Management Partners:
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Lifestyle Partners:
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- Evaluate Your Partner List
Place a number before each partner indicating how well you know that partner.
1 - Not at all or not well at all
2 - Fairly well
3 - Very well
REFERENCE
Wealth Pools & Partners Example
This worksheet is a space for you to keep track of your pools of wealth, your desired priorities for your wealth, and keep track of the partners you employ to manage your wealth. Duplicate this worksheet for your own purposes.
- What are your various pools of wealth? Pools of wealth include but are not limited to: Total net worth, real estate holdings, impact investments, alternative/private investments (private equity/venture capital), trusts for children, retirement savings, public markets investment portfolio.
Total Net Worth: 100% = $Xm
Allocation: Total assets 100% Real estate 8%
Primary residence | Vacation home | Real estate investments |
| Investment Portfolio 92%
Public Markets 63% | Private Markets/Alternative Investments 2% | Fixed Income/Cash 27% |
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Explicitly Values Aligned Investments ~10% |
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Estate Structure: Total assets 100% $$ for my benefit ~70% | $$ in trust for children ~25% |
Donor Advised Fund Perpetual replenishing from personal assets |
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- List the Stakeholders
Most pools of wealth have some key players who influence or have authority over those assets. For each pool of wealth listed above, now add the associated key stakeholders in the box below.
Pools of Wealth with Stakeholders:
Total Net Worth: 100% = $Xm Stakeholders - Me
- My spouse
- Various trustees
- Our estate planning attorney
- Wealth Management teams*
- Siblings
Allocation: Total assets 100% Real estate 8%
Primary residence | Vacation home | Real estate investments |
| Investment Portfolio 92% - me/my spouse
- Wealth management teams
Public Markets 63% | Private Markets/Alternative Investments 2% | Fixed Income/Cash 27% |
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Explicitly Values Aligned Investments ~10% |
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Estate Structure: Total assets 100% $$ for my benefit - me/my spouse
- Wealth Management teams
| $$ in trust for children - me/my spouse
- Wealth Management Teams
- Trustees (siblings/spouse/me)
- Estate planning attorney
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Donor Advised Fund
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*You will note that the Wealth Management Teams show up as “stakeholders” and “partners” because they are in a dual role. This will also be true of professional trustees.
- Who are the partners you employ to help manage your wealth and your lifestyle? Use our list of possible partners below to compile a complete list of the partners you employ. Place a number next to each partner indicating how well you know that partner: 1- not at all or not well at all; 2- fairly well; 3- very well.
City Demographics - White: 52.82%
- Black or African American: 25.23%
- Asian: 9.67%
- Other race: 6.65%
- Two or more races: 5.28%
| Local Suburban Town Demographics - White: 71.98%
- Asian: 17.33%
- Two or more races: 5.09%
- Black or African American: 3.25%
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Wealth Management Partners
Private Wealth Management White-owned Corporate Bank Private Wealth Management Team - Account principals: all white men
Tax Prep/CPA White-owned tax firm - Account principals: White women
Personal/Estate planning/Employment attorneys White-owned law-firm, majority white male partners - Primary account principal: white woman
Insurance broker
Insurance agent White-owned Insurance Agency - Primary account principal: white woman
Insurance Carrier - Large, national white-owned firm
Personal Assistant/Bookkeeper |
Lifestyle Partners - Banker (white woman)
- Housekeeper (Latinx woman)
- Childcare (white women)
- PCP (white woman)
- House management: (white-owned firm with white, mixed-gender staff)
- Sub-contractors: (mixed but primarily white)
- Landscape contractor (primary residence: white-owned with mixed staff, vacation home: Black-owned with Black staff)
- Gardner (white-owned firm with white staff)
- Florist (one white-owned, one Black-owned)
- Bookstore (one white-owned, one Black-owned)
- Interior decorator (Black woman)
Lifestyle Partners – For Kids - Pediatrician (white woman)
- Reading specialist (Asian-American woman)
- Violin teacher (white woman)
- Piano teacher (white woman)
- Barn/ballet/athletics (white-owned)
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